Can IoT Improve Supply Chain Optimization in Healthcare?

The Internet of Things (IoT) is poised to remake large portions of the world economy, perhaps none more so than the realm of supply chain management. But while numerous industry verticals will no doubt benefit substantially from the digitized, automated movement of goods, the most impactful gains are likely to emerge in healthcare. Few patients appreciate the role that effective, efficient delivery of medical systems and services plays in the cost of healthcare, let alone on overall wellness and the speed and thoroughness of recovery. But the fact is the more the healthcare industry can improve its backend processes, the better it becomes delivering successful patient outcomes with less of a burden on both public and private finances.